Tenants staying longer in rented property

Tenants staying longer in rented propertyTenants are staying in private rental homes for longer in the UK, according to one Letting Agent.

Robert Jordan, chairman of Jordan's, has suggested that a churning of the rental market has dried up as a result, Rentman reports.

Mr Jordan also called for less restrictive legislation and incentives to help those who may be put off entering the property market.

"They need incentives which will help the one million homeless in this country find a decent home to live in," he added.

However, as reported earlier this month, private investors appear to be showing interest in a government scheme to boost the rental sector and create a significant increase in housing stock available for letting in this country.

Furthermore, the same website cited recent figures from uPad that appear to confirm improving conditions in the rental sector over recent months.

News that more tenants are staying in rented accommodation for longer, combined with plans to build more homes ready to be let, could attract many more people to look for property to rent in the London borough of Bromley, or elsewhere in the UK.

By Martyn Glynn

Published 19th April, 2010

© 2010 Estates IT Limited

Latest London Property News Headlines

Red Cross Garden Bandstand now fully restored

Red Cross Garden Bandstand now fully restored

The Red Cross Garden bandstand in Southwark has now been fully restored and is open to the public. It was officially reopened on Thursday December 11th with a special festive event.

Read Article ... Published on 19th December, 2014

Harrow offers aid against the winter chill

Harrow offers aid against the winter chill

People living in the London Borough of Harrow are getting help and support aimed at helping them stay warm this winter. The Warm Homes, Healthy People programme is hoping to aid people in coping with the falling temperatures and is specifically targeting vulnerable residents.

Read Article ... Published on 19th December, 2014

Greenwich getting connected to the Internet of Things

Greenwich getting connected to the Internet of Things

Greenwich has been selected as one of ten areas in the UK where the new Internet of Things network will be rolled out. The borough will see the new network installed next year, allowing a cost-effective way for objects to be connected to the internet.

Read Article ... Published on 15th December, 2014

House prices 'drop by £30,000 in London'

House prices 'drop by £30,000 in London'

House prices across the City of London have fallen by more than £30,000 over the last month, according to new figures. Research from Rightmove has found that the average asking price in London has dropped dramatically in the last few weeks, as sellers seem unsure as to whether they can achieve the high end prices they have been asking in recent months.

Read Article ... Published on 15th December, 2014

Mitcham to see new store opening as regeneration begins

Mitcham to see new store opening as regeneration begins

Mitcham has continued to attract new business to the area, benefiting locals by providing more amenities. The latest store to be opening is WHSmith, which is set to open its doors just in time for Christmas on December 15th.

Read Article ... Published on 11th December, 2014

Silent auction raises money for Orleans House restoration

Silent auction raises money for Orleans House restoration

A silent auction was successfully held in the London Borough of Richmond Upon Thames at the end of November. The funds from the event will be used for the transformation of Orleans House Gallery.

Read Article ... Published on 8th December, 2014

International Nine Elms bridge competition launched

International Nine Elms bridge competition launched

A new competition to design a new bridge across the River Thames was launched yesterday (Monday December 8th). The international contest will see a bridge constructed in central London and was officially opened by Wandsworth Council.

Read Article ... Published on 9th December, 2014

Hertsmere launches new anti dog mess campaign

Hertsmere launches new anti dog mess campaign

Hertsmere Council has joined forces with Keep Britain Tidy to deliver a new campaign aimed at encouraging dog owners to clean up after their pets. The borough is taking a stand against those that fail to pick up after their animal and cause a mess that can affect other residents.

Read Article ... Published on 4th December, 2014

Lambeth drastically reduces waste

Lambeth drastically reduces waste

It is just a year into Lambeth Council's new waste strategy system and good results are already being seen. Thanks to the new initiative, residents in the area are producing around 25 per cent less rubbish. They are also recycling around three times more food waste, which is making a huge difference to the amount of rubbish being sent to landfill.

Read Article ... Published on 3rd December, 2014

Cyclists to benefit from new Ealing covered cycle hub

Cyclists to benefit from new Ealing covered cycle hub

Commuters have a new cycle hub to make use of now, after Ealing Council opened its covered facility. The storage unit opened on Friday November 21st at North Acton Station, allowing a covered area for people to store their bikes.

Read Article ... Published on 1st December, 2014

People looking for property to rent in the London borough of Bromley, or elsewhere in the UK, may be interested by suggestions from one property expert that tenants are staying for longer than ever before.

Tenants staying longer in rented property

Do you want a Short Let?

Do you want a Commercial Let?



Like this?
Share this
Follow Net-Lettings
Facebook Net-Lettings.co.uk Twitter Net-Lettings.co.uk RSS Feed
Follow Estates IT
Facebook Estates IT Twitter Estates IT RSS Feed

Estates IT offering Estate Agents Software. Lettings Agent Software, Rental Software, Property Management Software.
Net-Lettings.co.uk

Net-Lettings.co.uk was one of the first property and agent directory websites on the internet launched in 1996. We still believe in simplicity today. Use this London Lettings Directory for all your rental property needs whether a Tenant or Landlord.

Subscribe to RSS feed, or bookmark us so you do not miss any London News Articles we publish.

London Areas

London is a diverse community of people. There are many areas to choose from we have around 245 that appear on the map and approximately 338 total London areas. Here are just a few of the latest hot areas.

Letting Agents Docklands
Letting Agents Camden
Letting Agents Notting Hill
Letting Agents St John's Wood

Advertising & Sales

This site offers Letting Agents low cost effective advertising of their web site. We are not a Letting Agency but connect you directly Lettings Agents in your required area. Letting Agents see below options available with Net-Lettings. You can contact or follow us below.

Advertise on this site ...
Register with us ...
Need Estate Agent Software?

Nibbler report